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3, Banks Lane, Stansted is recorded publicly as a modern freehold house across 742 ft2 of internal area, sitting on a 183 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Banks Lane, Stansted is £353,725 and its rental estimate is £1,540 per month, given the available information and assuming reasonable condition.
Banks Lane, Stansted, CM24 falls within the CM24 postal district, in the borough of Uttlesford.
3, Banks Lane, Stansted has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Banks Lane, Stansted, we estimate a market value of £371,412 and a rental value of £1,617 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £328,965 and £1,432 per month respectively.
Over the last year, 3, Banks Lane, Stansted has seen its estimated sale value move down by £7,792 (2.2%) and its estimated rental value increase by £47 per month (3.0%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 3, Banks Lane, Stansted as measuring 183 m2.
That makes it the 9th largest plot in the postcode, where all 10 other houses have recorded plot data.
3, Banks Lane, Stansted has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Banks Lane, Stansted completed on 15th November 2024 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.0% over the period since November 2024.
Over the past 2 years 3 properties similar to 3, Banks Lane, Stansted have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th March 2026, was 24, Bayford Way, Stansted, CM24 8TQ, a freehold house which sold for £367,000.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Banks Lane, Stansted, CM24, 3, Banks Lane, Stansted comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the CM24 district.
From 3, Banks Lane, Stansted, the nearest station is Stansted Mountfitchet, 800 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Banks Lane, Stansted, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Banks Lane, Stansted, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Banks Lane, Stansted, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Banks Lane, Stansted, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.